HBS Apps Down 4.5%, But Few Changes In Class ProfileGRE test takers up 25%, a record 15% of class by: John A. Byrne on September 05, 2018 | 8 minute read September 5, 2018 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit Harvard remains the gold standard for business schools in many ways, not least of which is the huge number of living alumni, more than 84,000, and alumni clubs around the globe: LOSEE UNSURE OF HOW THE LACK OF A ROUND THREE WILL IMPACT HBS APPLICATIONS THIS YEAR Government, education and nonprofit students account for 8% of the Class of 2020, versus 7% last year; healthcare and biotech students represent 7% of the class, same as last year; 6% come from the consumer products industry, while 6% had been in the energy and extractive minerals field, both the exact percentage of the previous class. MBA students from the military account for 5% of this year’s entering class, also the same as last year, and students from the industrial and heavy manufacturing sector represent 4% of the Class of 2020, down a percent from 5%. Students in the “other services” category represent 6% of the class, down from 7% last year. Losee wasn’t sure how the change to two rounds from three will impact this year’s application volume (see HBS Kills An MBA Admissions Round). “When we made the decision to cut round three, we were trying to think of what was best for the applicant and not the application numbers,” he says. “It could be the people who would have applied in a round three might show up next fall in round one.” This year’s class profile, moreover, was put in a jazzy new and more attractive web design with a slickly produced video to convey the diversity of students. Previous PagePage 2 of 2 1 2 © Copyright 2026 Poets & Quants. All rights reserved. This article may not be republished, rewritten or otherwise distributed without written permission. To reprint or license this article or any content from Poets & Quants, please submit your request HERE.